GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Growth Split Corp (TSX:DGS.PR.A.PFD) » Definitions » 5-Year Yield-on-Cost %

Dividend Growth Split (TSX:DGS.PR.A.PFD) 5-Year Yield-on-Cost % : 4.68 (As of Apr. 26, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Dividend Growth Split 5-Year Yield-on-Cost %?

Dividend Growth Split's yield on cost for the quarter that ended in Dec. 2023 was 4.68.


The historical rank and industry rank for Dividend Growth Split's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:DGS.PR.A.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.2   Med: 10.7   Max: 16.01
Current: 4.68


During the past 13 years, Dividend Growth Split's highest Yield on Cost was 16.01. The lowest was 3.20. And the median was 10.70.


TSX:DGS.PR.A.PFD's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 6.005 vs TSX:DGS.PR.A.PFD: 4.68

Competitive Comparison of Dividend Growth Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Dividend Growth Split's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dividend Growth Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Growth Split's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Dividend Growth Split's 5-Year Yield-on-Cost % falls into.



Dividend Growth Split 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Dividend Growth Split is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Dividend Growth Split  (TSX:DGS.PR.A.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Dividend Growth Split 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Dividend Growth Split's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dividend Growth Split (TSX:DGS.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Dividend Growth Split Corp is a Canada-based mutual fund corporation. It invests in an equal-weighted portfolio comprised of large-capitalization Canadian equities that have a high dividend growth rate. Its investment objective of the company is to provide holders of preferred shares with fixed, cumulative, preferential quarterly cash distributions to return the original issue price to their holders and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in net asset value per Class A share. Its products include ETFs, Preferred shares, Split shares corps, and Other TSx traded funds.

Dividend Growth Split (TSX:DGS.PR.A.PFD) Headlines

No Headlines